[Form 4/A] Amneal Pharmaceuticals, Inc. Amended Insider Trading Activity
Amneal Pharmaceuticals President & Co-CEO Chirag K. Patel received a grant of 544,663 performance-based restricted stock units tied to Class A common stock.
Rhea-AI Filing Summary
Amneal Pharmaceuticals President & Co-CEO Chirag K. Patel received a grant of 544,663 performance-based restricted stock units tied to Class A common stock. These units do not involve a cash purchase and represent a compensation award that can convert into shares in the future.
The award is based on Amneal’s Class A common stock achieving specified average closing price targets over a three-year performance period. The number of shares ultimately earned can range from 0% to 200% of the 544,663 target, with the table reflecting the maximum shares potentially issuable. Any units that are earned will vest in full on February 28, 2029, at the end of the performance period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-Based Restricted Stock Units | 544,663 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents a performance-based restricted stock unit grant of 544,663 target shares. The performance-based restricted stock units are scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing price per share targets at the end of the three-year performance period. The number of shares that would be received upon vesting, if any, may vary from 0% to 200% of the target number. The number of performance-based restricted stock units reported in the table above represents the maximum number of shares issuable under the award. Any earned performance-based restricted stock units vest in full on February 28, 2029, the last day of the performance period.
FAQ
What did Amneal (AMRX) President & Co-CEO Chirag K. Patel report on this Form 4/A?
How many Amneal (AMRX) performance-based units were granted to Chirag K. Patel?
When do Chirag K. Patel’s Amneal (AMRX) performance-based restricted stock units vest?
What does the 0% to 200% range mean for Chirag K. Patel’s Amneal (AMRX) award?
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